Macro-Markets Risk Index

 | Apr 24, 2013 03:13AM ET

A markets-based profile of US economic conditions suggests that the business cycle risk remains low. The Macro-Markets Risk Index (MMRI) closed yesterday (April 22) at 13.7%--well above the danger zone of 0% and within the 10%-to-15% range that's prevailed so far in 2013. When MMRI falls under 0%, recession risk is elevated; readings above 0% equate with economic growth.

MMRI represents a subset of the indicators in the see this post that introduced the index. Meanwhile, Here's how MMRI compares on a daily basis since August 2007: